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and maneuvering in congress. good afternoon. >> reporter: good afternoon, frank and house speaker john boehner did not say that he was for this deal but he didn't say he was against it, either. and right now, he is trying to take the temperature of his fellow republicans in the house to see if this deal is ready for a vote. house speaker john boehner is promising a quick vote on the "fiscal cliff" bill passed early this morning in the senate or an amended alternative. boehner has not endorsed the agreement which may face opposition from conservative lawmakers in the house. vice president joe biden negotiated the deal with senate republicans over the weekend. the agreement makes bush-era tax cuts permanent for individuals making under $400,000 a year and families making under $450,000. it also postpones harsh across- the-board spending cuts for a few months. >> this shouldn't be the model for how we do things around here, but i think we can say we've done some good for the country. >> middle class families will wake up today to the assurance that their taxes won't go up $2,200 each. >> reporter: pr
'donnell for the latest from capitol hill. kelly? >> reporter: good evening, kate. well, congress is out of time, and frustrations are really running over. and while democrats and republicans say they want to find a solution and they are working toward that, they don't have a deal yet, and that means for now there is nothing to vote on before tonight's deadline. with your money on the line, tonight washington can only claim progress. but not success. >> it appears that an agreement to prevent this new year's tax hike is within sight. but it's not done. >> we're very, very close. >> reporter: close comes after intense, closed-door negotiations that kept even most members of congress in the dark. the white house and senate leaders have been trying to beat a deadline they created to stop massive tax increases and automatic spending cuts that could trigger another recession. but one breakthrough did come today. >> i can report that we've reached an agreement on all of the tax -- the tax issues. >> reporter: a genuine compromise on taxes. most notable, rates would go up for couples earning above $450
clinton remains hospitalized, congress release as report on the attack at the u.s. consulate in benghazi. >> they walked into the compound and set it ablaze due to extremely poor security. >> the leaders of the senate homeland security committee released a report, a special report. it found the state department ignored security threats ahead of the attack. four americans died in that raid, including u.s. ambassador chris stevens who grew up in the bay area. >> it is not responsible for us, for the government to keep them in those very dangerous places unless we provide them with adequate security. >> it found the u.s. intelligence community knew benghazi was dangerous and unstable. they called on americans to close facilities over sea if they can't project. officials say -- can't protect. officials say they have made improvements since the attack. >>> new concern about a doom's day prophecy from warren jeff. he is serving a life sentence for child sexual assault. from prison he said the world will end between 2013. law enforcement officials are concerned about a mass casualties among his
. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter: the bush era tax cuts remain in place for individuals earning as much as $400,000 a year and families $450,000 a year. far above the $250,000 on which president obama campaigned. those making more will see higher income taxes, capital gains and dividends rates. san francisco tax attorney rob wood says you will notice on the paycheck one popular tax cut will be history. >> say the average person earning $1,500 a year will earn $20 more in tax increases. >> reporter: it extends unemployment benefits for one year and keep the child tax credit for workers who don't earn enough to pay income taxes. and the alternative minimum tax got a tax for inflation. that shields an average of $300,000 each in higher taxings. get ready for a confusing tax season. >> it's very likely that people will not be able to file on time and not be
'll begin our coverage tonight on capitol hill with more from nbc's kelly o'donnell. >> reporter: good evening. congress is in overnight. after missing the midnight deadline, they are trying to work something else out. their own terms here in congress running out on thursday. even though the white house and senate made a deal, it is tough to get it through the house. at a bleary-eyed 2:00 in the morning, senators actually did what many constituents loudly demand -- both parties compromised to pass a fiscal cliff package. >> the ayes are 89, the nays are 8. >> reporter: then came daylight. and gop lawmakers hit a complaint from their own house republicans who expected to see some spending cuts. >> there's no spending cuts. we're adding $4 billion a day to the debt. >> i thought we were in a deficit crisis. i thought our families were being put at risk by this massive debt. what does this do about that? >> reporter: reducing the federal deficit was supposed to be at the heart of any deal, with serious spending cuts. in a gesture, the senate did cancel congressional pay raises but put off
. >> reporter: congress' inability to reach a deal has been frustrating to voters. >> they shouldn't have waited right until the deadline, but that's typical. >> reporter: even though the country officially went over the fiscal cliff at midnight, monday, the senate version of the bill makes all tax cut extensions retroactive to the beginning of the year. and if the house decides to amend this bill they will send it back to the senate. house gop members will meet again this evening. actually within the next half hour. that meeting is scheduled then. live on capitol hill, danielle nottingham, matt back to you. >> danielle, thank you very much. >>> earlier today the white house released a fact sheet on the deal. for starters it would permanently extend middle class tax cuts, extending credit for working families, raises $626 billion by ending tax cuts to the wealthiest 2% of the americans. promote deficit reduction and strong fiscal growth and extend the farm bill through the end of the fiscal year, thus averting a sharp rise in milk prices. stay with 9news throughout the night for the very latest
to the congress the report also concluded that the military report for africa had no idea of the depth and breath of the cia operation and that the defense department would be called on to evacuate two dozen americans on such short notice, trace. >> trace: catherine herridge live for us in washington. thank you. another set back for the venezuelan president hugo chavez in his battle with cancer. the country's vice president said president chavez is suffering new complications after a recent surgery and that his situation is, quote: delicate. venezuelan government ministers held mass today at the presidential palace in the capital city. president chavez is due to begin a third term as venezuela's leader next month. it's not clear whether he will be healthy enough for inauguration. back here in the u.s. a million people expected to pack times square to watch the ball drop. and there will be lots of extra security keeping an eye on them. plus, dropping the ball in washington. word is we will plum met off the fiscal cliff at midnight. we will get updates from capitol hill and the white house next. a
in front of us. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter: the bush-era tax cuts remain in place for individuals earning as much as $400,000 a year, far above the 250,000 level on which president obama campaigned. but those making more will see higher income taxes, capital gains, plus a new health care reform surtax. rob wood says you'll notice in your paycheck one popular tax cut will be history. >> the average person, say, earning $50,000 a year is going to pay about $1,000 more in payroll taxes in 2013. >> reporter: the fiscal cliff agreement also increases taxes on estates worth more than $5 million and extends unemployment benefits for one year and keeps the child tax credit for workers who don't earn enough to pay income taxes. the alternative minimum tax got a pat for inin addition. that shields 33 million taxpayers. even with the budget compromise, get ready for a
in front of us. the big cliff on all spending cuts. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there is even one second left before you have to do what you're suppose to do, they will use that last second. >> reporter: the bush era tax cuts remain in place for individuals earning as much as $400,000 a year and families $450,000 a year. for above the $250,000 level on which president obama campaigned on. but those making more will see higher income taxes, capitol gains, and dividend rates, plus a new health care reform surtax. san francisco tax attorney rob wood says you'll notice in your pay tax will be history. >> the average person earning $50,000 a year is going to pay about $1,000 more in payroll taxes in 2013. >> reporter: the fiscal cliff agreement increases taxes on the states worth more than $5 million. it extends unemployment benefits for one year and keeps the child tax credit for workers who don't earn enough to pay income taxes. the alternative minimum tax got a tax for inflat
. >> reporter: well, david, they just blew it. it is now clear that congress will fail to pass by midnight tonight something to prevent virtually everybody's taxes from going up. they have known for more than a year that tonight was the deadline and they just blew it. the deadline to prevent that massive $600 billion combination of tax hikes and spending cuts will be missed. but the scramble continues. to try to get a deal done and passed over the next day or two, that would put the tax cuts, at least, back in place retro actively. and today, they sure seemed close to a deal. >> i can report that we've reached an agreement on all of the tax -- the tax issue. >> reporter: and even though the deal was not finalized, the president seemed to take a victory lap today at the white house. >> keep in mind that just last month republicans in congress said they would never agree to raise tax rates on the wealthiest americans. obviously, the agreement that's currently being discussed would raise those rates and raise them permanently. >> reporter: it was a campaign-style event. >> i'm going to be pre
tomorrow. it's a new congress as they need to start all over again. >> reporter: well, good to be with you, gary, on the historic day on capitol hill. could be a late night. gary will be here with the very latest at 11:00. back to you. >> talk about pushing it to the very end. andrea mccaren and gary, thank you. >>> you have seen us ask several lawmakers in the last few months if they would be willing to cut their own salaries to get a deal. tonight, we can tell you that the version of the deal passed by the senate early this morning does include a provision to stop the pay raises for all members of congress. it remains to be seen if it will survive in the house. >>> you can get all an alert sent straight to your phone, whatever the house vote, whenever they vote. just text the clip to 25543 for the latest information. >>> anita today marked the first day of the same-sex couples that they could start tieing the knot in maryland. seven couples decided to do just that on the banks of the chesapeake bay. >> reporter: i'm scott broom on the eastern shores where seven same-sex couples tied the
of congress saying get a deal done. >> reporter: it was. and we saw backlash just moments after the president came out and spoke. there were some senators who felt as if that was not the right time for the president to do that almost bullying them into getting this all done senator john mccain not happy with the president's words as well one senator tweeting out that if the president thinks this is going to help the process he is actually wrong. but in the end, despite push back, and the strong words used from the president, they were able to get it done but the country did technically go over the fiscal cliff. but they are working to fix everything so that we don't feel the pain of going over the fiscal cliff. so, how will the house vote? that's the big question coming in to today. and the short answer is we are not sure because house leaders put out a statement following the vote in the senate and they gave no promises. they simply said that they will consider is coming to them. they will read it and they will make their decision after that. but no indication whether they will do as the se
a continuation of the negotiations with congress and the president. >> reporter: thanks very much. one other person said to me, it's a huge problem when the biggest threat to the u.s. economy is the u.s. congress. i kind of agree with him. >> you know what, i want you to go back and tell that mark that my resolution is to be more like him. just say what's on your mind. he's direct. >> reporter: he certainly did. it's great -- but people feel passionate about this. we're working in this business where we watch sort of the trickle of events, but everybody else is watching it too. it's very frustrating for everybody. >> people are ticked, hence you are at the tick tok diner. that's my attempt at humor. alison kosik, thank you, my friend. happy new year. >> reporter: sure, you too. >>> besides talking to people in the diners, we're also collecting your thoughts online. if you want to see what a lot of your fellow americans and those who live here feel about this, go to cnn.com. you can hear the reports to washington. there's some doozies in there. >>> the fiscal cliff is somewhat set. now it's u
family and the huge tax increase, if congress doesn't figure this out. >> reporter: until there's an agreement, this what the martins from raytown, missouri, like so many middle class american families, face. a hefty spike in taxes. beau, a government contractor, and deanna, an office worker, make a combined income of about $60,000. without a deal, their income taxes will rise by roughly $2,400 a year. on top of that, like everyone else earning $110,000 or less, they'll pay higher payroll taxes to pay for social security. with or without a deal, those are set to go up across the board by 2%. and for the martins, that means they'll pay an additional $1,200 a year. income and payroll tax increases combined, the martins are looking at an additional $3,600 in 2013. and it doesn't stop there. without a deal, feeding their 2-month-old baby daughter, grace, could cost the martins a lot more, too. every american faces the potential for a huge jump in milk prices. the farm bill has stalled, and subsidies have been rolled back. without a deal securing that help for farmers, the price of a
. >> but with this congress that was a little too much to hope for at this time. >> reporter: house speaker john boehner has not publicly endorsed the deal. tara mergener for cbs news, washington. >> now, the house is set to reconvene today at 9 a.m. pacific time. a house vote is expected today or tomorrow. >>> what a night. no fog this year, perfectly clear last night for fireworks along the waterfront here in san francisco. it's beautiful out there. a lot of people showed up for the 15-minute display and jammed the streets near the bob barker. when it was all over, i think most of them are still out there, it was crowded getting into work today but there was some violence during the new year's celebration here in the city. cbs 5 reporter cate caugiran is in san francisco with the problems police had with the new year's crowd and has the latest. >> reporter: good morning. happy new year. san francisco police had their hands full because some celebrations did not go as planned. there were two separate shootings last night. now three people are recovering from gunshot wounds. the first one happened around 10
plan, report it to congress to be considered without debate -- i shouldn't say "without debate." without filibuster, without delay, and any member that can offer a substitute amendment that achieves 75-year solvency can also call their measure at the same time. let us have this chance to have this debate and to make sure we have solvency for social security that will affect not only all of our lives but the lives of our children and beyond. that, to me, is a responsible thing to do. medicare -- much tougher. medicare goes broke in 12 years. 12 years. why? well, because low lo and behold, today 10,000 americans reached the age of 65. we knew it was coming, but as the baby boomers show up, their demand for services that they have paid for and i vested in throughout their working lives are going to continuing to he grow. those people who say there's too much government spend, we've got to stop the government spending, i want to ask them, are you going to a to the millions of americans who paid into social security for a lifetime, paid into medicare for a lifetime, that we're going
will likely shrink in 2013. jessica doyle with more on that part of the story. >> reporter: whether or not you think congress can pull off some sort of fiscal cliff compromise before major economic fallout sets in, there's one thing you need to be prepared for, for many of you, your paycheck will go down in the new year. here's why. the payroll tax was cut by two percentage points over the last two years to give the economy a little nudge. experts say that tax holiday is coming to an end and the small tax break adds up big over the course of a year. the center on budget and policy priorities says it's about $100 billion that will come out of our paychecks and go to the tax man. goldman sachs says that ending the tax holiday would shave 0.6 percentage points off economic growth next year which is not predicted to be all that strong anyway and here's the impact on you. let's say you make $50,000 a year, that's an extra $20 out of every single paycheck every week. doesn't seem like a lot of money but when you do the math, it sure adds up. that's $1000 you won't be taking home in 2013. jessica doy
. praying for the redskins. hope they bring something home. >> reporter: congress still struggling with the self-imposed fiscal cliff. visitors and joggers on the mall were more focused on themselves than the political drama a few yards away. >> resolution to jog on new year's day? >> i didn't make a resolution. i run lee, four times a week. it is nothing new. >> reporter: you don't need a new year's -- >> no. no. probably could stop drinking after last night. other than that, no, in no new year's resolution. >> to be a better person and prove my own demeanor. >> reporter: were you a bad person in 2012? >> i don't think so. i think i mid a lot of progress in 2012. i think i want to be a better sister to my sister and better daughter to my parents this year. have a lot of patience with my friends. >> reporter: for all we may plan for ourselves let's not forget our pets. do you have a resolution for your dog? >> train him. he is going to go after the squirrels. we are done with squirrels important the new year. >> i don't think that resolution is going to be kept either. jim and pat?
. >> but with this congress that was obviously a little too much to hope for at this time. >> reporter: house speaer john boehner has not yet publicly endorsed the deal. and even though congress did not meet the midnight deadline, tax cuts will be retroactive if the bill is eventually signed into law. terrell? >> tara mergener in washington, thank you so much. the bill also extends unemployment benefits for 2 million people. it prevents a 27% cut in fees for doctors who treat medicare patients. but many americans will see a tax hike because the bill does not affect a scheduled 2% increase in the payroll tax. it also kicked the can down the road on automatic spending cuts for the defense department and domestic programs. they've been postponed for two months. as lee cowan reports, that uncertainty has many business owners worried. >> reporter: jo ann vinute is running the numbers. her payroll is due this week. although she at least now has a hint on what taxes to withhold from her dozen employees, that's only half her worry. unresolved spending cuts are the other. >> it's very uncertain and very unnerving
of congress then would share that after-action report with the local newspaper printer. than that newspaper printer would send their addition up and down the continent and you would see the after after-action report appear in multiple newspapers up and down the coast. here we have a january 23, 1777 issue of the continental journal. this includes george washington's own account of the battle of the crossing of the delaware. you can see it the top for dateline, baltimore and that is where congress was meeting at the time. i said earlier that you really don't see a lot of headlines in newspapers. mostly the datelines and the extract of the letter. here's april 21, 1775 gazette extraordinary for its content and data that reports the breaking news of the battle of content and concorde would also historically significant for his journalism. the fact that the left column there is dedicated to that lexington and concorde. more importantly, it's the two word headline, bloody news, which surely caught the attention of the columnist reading the newspaper. more so was the point that i made earlier abo
count on with respect to this congress is that if there's even one second left before you have to do what tou're supposed to do, they will use that last second. >> reporter: the president appears willing and congress arpears prepared to go along with an idea of using time it havsn't really have. but after securing an extension of jobless benefits and tax thedits for low-income and poor working families, the president fhinks congress and more importantly the country can live with one day of cliff diving but not many more. >> major garrett, thank you. thl of this uncertainty is not sitting well with business owners. it's tough to run a company when you have no idea what's going to happen in washington. lee cowan has that part of the story. >> reporter: joanne is running the numbers. her payroll is due this week. although she at least now has a ozen of what taxes to withhold from her dozen employees, that's only half her worry. unresolved spending cuts are the other. >> it's very uncertain and very nnerving and very... causes a lot of anxiety and a lot of lack of sleep. >> reporter: she
is over by thursday at noon, that's when the new congress is sworn in. >> reporter: well, the way they put it, they are counting on the house to realize that this is the best option left, in their view, and fight on the tax -- sorry. fight on the debt issue in the next fight because there's a debt ceiling fight left to come. if they cannot get a win out of this, if this deal collapses, there is two moves the white house will have. one, they are starting to rebuild the relationship with the business community and i would expect the white house to call on ceos to pressure congress to either pass this bill now -- i wouldn't be surprised if they were calling ceos now pressuring them to pass this or get something passed before thursday and if not that, then play the blame game because already someone has said to me inside, if this goes down, then house republicans have pushed us off the fiscal cliff. now, we've fallen -- we're over the cliff but the blame is -- will be shifted to republicans for permanently putting us there, wolf. >> that's going to be a huge, huge political impact. we'll see w
you the truth was not the fiscal cliff, it's a debt crisis. >> reporter: the sticking point of negotiations are now postponed for at least two months. >>> we talked with some taxpayers in the bay area, many say they're frustrated with the way congress has handled the fiscal cliff negotiation. >> there's interests and lobbyists that are really controlling the decision making. we're kind of an afterthought now. >> lawmakers came together tonight. some financial experts say the bigger issue is an out of control federal deficit. and that part of the deal still needs to be address the. >>> u.s. stock prices higher on this final day of the year. the dow industrials rose 156 points, the nasdaq was up 59. the markets had been flat all morning, but climbed after the president's remarks that a deal seemed close at hand. 2012 seemed to be a positive year for the markets overall. the dow was up 7%. s & s & p 500 15% and the nasdaq went up nearly 16% higher than when it started. >>> secretary of state hillary clinton is in the hospital treating a blood clot. doctors say she did not suffe
was not the fiscal cliff, it's a debt crisis. >> reporter: the sticking point of negotiations are now postponed for at least two months. >>> we talked with some taxpayers in the bay area, many say they're frustrated with the way congress has handled the fiscal cliff negotiation. >> there's interests and lobbyists that are really controlling the decision making. we're kind of an afterthought now. >> lawmakers came together tonight. some financial experts say the bigger issue is an out of control federal deficit. and that part of the deal still needs to be address the. >>> u.s. stock prices higher on this final day of the year. the dow industrials rose 156 points, the nasdaq was up 59. the markets had been flat all morning, but climbed after the president's remarks that a deal seemed close at hand. 2012 seemed to be a positive year for the markets overall. the dow was up 7%. s & s & p 500 15% and the nasdaq went up nearly 16% higher than when it started. >>> secretary of state hillary clinton is in the hospital treating a blood clot. doctors say she did not suffer a stroke and expect her to make
is disgusting. >> reporter: president obama wanted a bargain that dealt with taxes and spending cuts at the same time. >> but with this congress, that was obviously a little too much to hope for at this time. >> reporter: house speaker john boehner has not yet publicly endorsed the deal. and the house reconvenes by midday today. a vote could also come today. >> tara, a lot of republicans weren't happy with the president's speech yesterday. is there any indication that that could affect the vote in the house? >> well, president obama during that speech criticized congress for taking too long to come up with this deal. he also laid the groundwork for another problem that's coming and that's basically burrough -- upping the country's burrough limit. republicans will no doubt try to use upping that in ex-kang for spending cuts. and to which the president said, they have another thing coming if they think that's going to be the case. spending cuts alone are not going to be able to reduce the country's deficit. so we have that coming. senator john mccain said basically that's going to antagonize a lo
-- uncontrolled spending. >> reporter: there's one deadline they cannot ig know. >>> the new congress begins monday at 12 p.m. karen travers, abc news washington. >> we have more at abc2news.com. just head to our home page and look for the featured stories. >>> all right. a lack at maryland's most powerful radar. very little of that precipitation has made its way north. all of it well, well south. conditions are still dry. clouds are holding tough around the area. that storm is staying south and still pretty cloudy around here. again, we stayed nice and dry. upper 30s in reisterstown, hick core ri and man chester. 42 in pape pea. cloudy and dry, getting cold. colder still as we go into tomorrow and the middle part of the week. we've got those numbers straight ahead. >>> new tonight a teen killed in a car crash in aberdeen. the victim, 17-year-old austin remines was driving his car when he hit a car traveling the opposite direction. remines died at the hospital. the other driver was not hurt. >>> two people were killed, two others hurt in san francisco after a char speeding awhat from police
can report four hours from 2013. the country will officially go over the so-called fiscal cliff tonight. congress will miss a midnight deadline. it was deadline politician in the nation's capitol set up to be so unappealing. so unacceptable that both sides would have to budge. both sides would have to come to a better, more balanced deficit and debt deal. it's hard to believe but that was almost two years ago. and now, with the clock winding down to the end of to 12, and the end of the fiscal cliff deadline, not a single piece of legislation has passed congress on this. at this hour, vice president biden is set to meet with senate democrats. you are looking live just outside of capitol hill there. we are waiting for his arrival. he will be meeting with senate democrats in hopes of ironing out a mini deal. is he actually trying to sell it to several key democratic senators who are skeptical to say the least. a big union leaders is weighing in as well. is he not happy with what he has heard of the deal so far. we're positioned just outside again for the vice president's arrival. t
is shortly in sight. >> reporter: the president indicated that congress was closing in on an increase in taxes for the middle-class. ford and com burgers over the amount of $450,000. for -- the amount of the and, revenue of $450,000 household incomes. >> if they think i'm going to finish with deficit reduction and then they have another thing coming in. that is not our is going to work. >> what he was saying on both sides to the aisle. is to take it or leave it that is not howl a president should lead. >> that anger did not end there. >> this is going over the fiscal cliff. >> at 4:00 p.m. the deal was off. or at least, delayed. >> the house will break new year's eve, the night of the fiscal cliff without voting. >> the house decision to delay the vote and the send the country over the fiscal cliff means that unemployment checks could stop or at least be delayed. and federal workers could have a furloughed a a kind layoffs for private sector that have goods and services. the senate is expected to vote on a package before midnight tonight. the vice president is meeting with senate, and
't challenge his party on spending cuts is disgusting. it's just disgusting. >> reporter: president obama wanted to dole with taxes and spending cuts at the same time. >> but with this congress, that was obviously a little too much to hope for at this time. >> reporter: house speaker john boehner has not yet publicly endorsed the deal. now, the house reconvenes at midday but lawmakers say, frank, they plan to study this bill hard before they take a vote. they say the senate has had months to get a bill passed and they are not going to rush to get anything done. >> there is word, tara, that some republican lawmakers are upset about something the president said. could that effect support of the bill? >> reporter: it might. president obama chastised in his speech congress for taking too long to get the deal done. but he also threw something out at republicans saying if they think that spending cuts is the only thing that's going to reduce the deficit, they have another thing coming and that basically references the $16.5 trillion in debt which is the next issue on the table. a lot of republi
in mind, just last month, republicans in congress said they would never agree to raise tax rates on wealthiest republicans. >> reporter: only 5% said no. >> americans will wake up today to be sure that their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his might not go along. boehner sent republicans home to celebrate the new year without the fiscal cliff. >> everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house takes up maybe later today, whether to follow the senate's lead and hike taxes on the wealth. from capitol hill, i'm steve handelsman, nbc news. bill, back to you. >> well, thanks, steve. >>> we have new details today on secretary of sate hillary clinton and the blood clot that has her hospitalized. the clot is located in a vein in a space between the brain and the skull, near her right ear. it did not cause a stroke or neurological damage. doctors say she's making excellent progress. the blood clot is related to a concussion clinton suffered earlier this month. it was discover
that congress can get it done. but it's not done. >> it was widely reported that the deal would include making the bush era tax cuts permanent for families with incomes under $450,000 a year. for households making more than that amount, rates would rise from the current 35% to 39.6%. the agreement would also raise the estate tax. in addition, unemployment benefits would be extended for one year. otherwise some 2 million americans face the end of their benefits beginning in january. on the senate floor shortly before midafternoon, minority leader mcconnell confirmed that the stalemate on taxes appeared to be over. >> i can report that we've reached an agreement on all of the tax, the tax issues. we are very, very close. as the president just said, the most important piece, the piece that has to be done now is preventing the tax hikes. >> reporter: there was no a greenlt what to do about across-the-board spending cuts known as sequestration due to start tomorrow. democrats wanted to delay the cuts by a year. and the president served notice that even then he would insist on a balanced approach. >
to adjourn until tomorrow. and yet despite this decision, we are hearing that. though a day late. congress and the white house have reached a deal. kron 4's dan kerman is here with the very latest on this developing story. >> reporter: the bush tax cut expire at midnight, and if nothing is done, taxes go up for middle class americans. that is what everyone is trying to avoid. late monday evening vice president joe biden and senator harry read headed to the capitol to brief democrats on a deal worked out between congressional leaders and the white house to prevent across the board spending cuts and tax hikes. >> i think that this is a modest goal that we connect ambush. democrats, republicans in congress set to get this done. this is a modest goal that we can accomplish. >> reporter: for a tax hike for couples earning more than 450-thousand dollars a year. that's a compromise. between what the president wanted and what republicans wanted. the deal also calls for the extension of unemployment benefits and sources say the deal also delays by two months the automatic across the board spending
is disgusting. it's just disgusting. >> reporter: president obama says he wanted a grand bargain that dealt with taxes and spending cuts at the same time. >> but with this congress, that was obviously a little too much to hope for at this time. >> reporter: house speaker john boehner has not publicly yet endorsed the deal. >>> the white house issued a statement after this morning's senate vote. in part it reads while neither democrats or republicans got everything they wanted, this agreement is the right thing to do for our country and this house should pass it without delay. >>> a local police department is starting the new year in mourning. a warrenton father leaves behind three grieving children and saddened neighbors. >> reporter: officer chris young was on his way to another call when this terrible crash happened right here behind me in bristow. it was really sad and hard for our families. the kids all played together. chris was always running around playing flashlight tag with the kids. always had a smile on his face. just a great guy. >> reporter: friends remember officer chris young
. $250,000. but he claimed victory. >> keep in mind that just last month republicans in congress said they would never agree to raise tax rates on the wealthiest americans. >> reporter: but house speaker john boehner and his gop lawmakers might still not agree. >> the house stands adjourned until noon tomorrow. >> boehner sent house lawmakers home to celebrate the new year without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> off the cliff at midnight the economy could take a hit but senate leaders hope to counter that with a rare, strong, bipartisan vote. house conservatives could still reject the plan and keep america from climbing back up the cliff. i'm steve handelsman, news 4, capitol hill. >> again the senate is expected to vote on those bills sometime late tonight or early tomorrow morning. top democrats say it will have their support. tomorrow at noon could be where we really find out if the deal holds up. stay with news 4 and nbc washington.com for the latest developments through the night. >>> they are mourn
cuts, though it has to pass the house of congress in the next day and a half. it is uncertain. gary joins us now. >> reporter: taxes are going up for most workers because none of the deals being talked about stop taxes going up. for a working making $50,000 a year, that is a thousand dollars increase in your with holding. the income tax rates, there is a agreement to stop those for going up for 99%. there is a agreement to stop the big spending cuts from kicking in by kicking the can down the road a couple months. right now on the hill, outside the senate, they are waiting for word from vice president joe biden who is briefing the caucus on the deal that he reached with senate leaders and with the republican majority leader. they said a few moments ago that there will be a vote sometime before midnight tonight, no guarantee it will pass. whatever happens we are going over that cliff. >> happy new year. >> reporter: vice president joe biden met with democrats after 9:18 p.m. monday night to brief them on a agreement that would raise tax rates on individuals making more than $400,000
deadline had gone by. >> i think we can say we've done some good for the country. >> reporter: since lawmakers missed the midnight deadline nearly every american wakes up with higher taxes but congress can undo those tax hikes if the house passes the senate's bill. vice president biden, who was instrumental in brokering the deal, told reporters he's hopeful it can get through the house but you never know. >> you shouldn't predict how the senate will vote before they vote and number two, you surely shouldn't predict how the house is going to vote. >> reporter: it would extend tax cuts for all workers earning under $400,000 and raise taxes on people above that level and prevent a big tax hike in an estate valued at less than $5 million and extend unemployment benefits for 2 million people. the house will take it up later this morning, the hope is that chamber can pass it before the economy is rocked by the tax hikes. >> happy new year. i feel very, very good. >> reporter: president obama called the senate vote the right thing to do for the country and he encouraged the house to pass it
-style event at the white house. >> i'm going to be president for the next four years, i think. >> reporter: effectively continuing the partisans' bickering we've long seen. >> time to stop the cheerleading and campaigning. >> i know the president enjoys heckling and having pep rallies to get congress to act instead of sitting down and negotiating. >> reporter: now the big new year's test, can it pass in the house? for "good morning america," jonathan karl, abc news, washington. >>> president obama says the agreement reached by the senate is the, quote, right thing to do for our country and is encouraging the house to pass it without delay. >>> secretary of state hillary clinton is spending this new year's day in a new york hospital where she is being treated for a blood clot near her brain. doctors are using blood thinners to try to break up the clot which was found more than two weeks after clinton fainted and suffered a concussion. while the clot could have been serious, even fatal, doctors say she's expected to make a full recovery. >>> in california, a big new year's eve fireworks show
to try to get congress to act instead of sitting down and actually negotiating. >> reporter: now the big new year's test, can it pass in the house? for "good morning america," jonathan karl, abc news, washington. >>> secretary of state hillary clinton is expected to make a full recovery from a blood clot that was found near her brain. clinton has been in the hospital since the clot was discovered on sunday. more than two weeks after she fainted and suffered a concussion. >>> the new year brings a new start for the children of sandy hook elementary. officials in newtown, connecticut, have set thursday as opening day for students as their new school -- as they move forward following the massacre there. parents are invited to join their children on the first few days back. >>> today is a day for football. six college bowl games are being played today but the big number from the nfl is seven. that's how many head coaches were fired yesterday. all but one, chicago's lovie smith, coached their teams to losing records this season. >>> here's the forecast for the first day of 2013. windy in the
some good for the country. >> reporter: since lawmakers missed the midnight deadline nearly every american wakes with up higher taxes. but congress can undo those tax hikes if the house passes the senate's bill. vice president biden who was instrumental in brokering the deal told reporters he is hopeful it gets through the house but you never know. >> you shouldn't predict how the senate will vote before they vote and number two you surely can't predict how house is going to vote. >> reporter: the bill would extend tax couples for those earning under 400,000 dollars and prevent a big tax hike in a state valued at less than 5 million dollars and extend unemployment benefits for 2 million people. house will take up the bill and the hope is they can pass it before the economy is rocked by the tax hikes. >> i feel very, very good>> reporter: president obama called the vote the right thing to do for the country and encouraged the house to pass the bill right away. abc news, washington. >>> medicare reimbursement could take a hit if the fiscal cliff is not averted. reimbursements to doc
to a worn out shoe that needs replacement or at the least - a new soul. i'm jennifer gilbert reporting. according to a rasmuussn poll -- 69 percent rate congress' performance as ppor. the survey was based on responses from one-thouuand how about the --3 as 20-12 comes to a close -- let's take a moment to rrmember theelivvs we lost this year, who impactee so pany of us. myung moon / unification avv ccurch founderphyllis diller / pomedienne 3 3 something was just wrong, i hhard screeming and yelling. a broken front door......and thii homeowner had in store por the guy...in aaouu 15 minutes on fox45 news at ten ♪ [ female announcer ] the one for all. mcdonald's dollar menu. home of the mouthwatering grilled onion cheddar burger, topped with melty white cheddar and caramelized onions. plus all your tasty favorites for just a dollar each. ♪ every day, as always, there's a lot to love for a little on mcdonald's dollar menu. ♪ on mcdonald's dollar menu. harbor...melinda roeder joins &pmooe... 3 we''l ssow you the preparrtions in new york city......to ring in the new year...in about
] >> reporter: certainly some members of congress not happy with this deal that was struck last night. however, mitch mcconnell, a republican himself, says this was a good deal for americans. the house is back in session at noon and will likely take up this vote right away. back to you. >> thanks, deal yarks live on capitol hill -- delia, live on capitol hill. >>> jessica doyle is back with a look at the economy and the cliff. >> we've been worried for months. if we go over the fiscal cliff, we're going to have a recession. it's all going to end. it's all awful. guess what? we don't have a deal. we have outlines of a deal. we don't actually have a real big picture grand compromise kind of deal. what does this mean for our economy? experts are saying we're probably not headed for a recession but we probably shouldn't expect barn burner economic growth for all of 2013 either because of the fiscal cliff. with a deal on the table right now, the nation is probably looking at tax hikes on households making more than $450,000 a year. that could exert a little drag on the overall economy. the biggest
of congress has those details. we're reading media reports, nothing on websites out there. it locks like a no. looks like typical insider deal for washington, d.c., where they getly 89 votes in the senate, but at the end of the day, our debt will get bigger, spending will go up. taxes will increase, and americans will continue to be very upset at washington. >> some sense -- i've been asking colleagues this morning. you have sense if you get past the tax stuff, the politicized part of the discussion, you can correct some attention to spending and entitlement cuts? >> i'm not very hopeful or optimistic on that at all. but with the coming of the real debt ceiling, perhaps in late february, early march, we'll have a real debate about it, but if you look back 17 months ago, washington came to a deal, and as a result, they said they would cut spending. the spending they promised to cut 17 months ago is the spending cuts that are undoing with this deal. so i'm pessimistic about the chances of actually getting fundamental entitlement reform and cutting the budge nets washington, d.c. >> you're not m
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